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A landscaping company, is working on a client's front yard landscaping project and has incurred $2,000 of labor costs and $6,000 in material costs on

A landscaping company, is working on a client's front yard landscaping project and has incurred $2,000 of labor costs and $6,000 in material costs on the yard up to this point. The company applies overhead at 70% of direct labor costs. Which of the following is correct (select all that are correct): The company should wait to allocate overhead to the project until it is complete. The company is most likely using job-order costing The cost of the project so far totals $9,400. The overhead cost applied to the project so far is $1,400

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